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The role of philanthropy in our society is powerful and far-reaching. It is not just for billionaires. It is for everyone. Giving time, money, or skills helps others. It also makes the giver happier.

Philanthropy operates within the broader context of civil society, working alongside the public and private sectors to address social needs and drive positive change. The nonprofit sector is a key component of this landscape, collaborating with other sectors to maximize impact.

Let’s explore the role of philanthropy and see how it builds stronger communities and a better world.

The Role of Philanthropy in Our Society and Personal Happiness

Giving does more than help the person who receives. It also helps the person who gives.

Numerous studies have shown that people who give to charity are often happier. They are less likely to be depressed. Assisting others releases brain chemicals that make us feel good. This is sometimes called a “helper’s high.”

Philanthropy is more than just giving; the word ‘philanthropy’ comes from Greek roots meaning ‘love of humankind.’ To truly understand its impact, it is crucial to define philanthropy clearly, as vague definitions can lead to misunderstandings about its role in society. It reflects a deep compassion and care for all people throughout history.

It connects us to our community. Philanthropy reminds us that we can and should make a difference. This personal benefit is a key part of the role of philanthropy, not only for ourselves but for humankind as a whole.

How Giving Strengthens Communities

The role of philanthropy is essential for a healthy society. It supports causes that governments cannot always fully fund. This includes schools, hospitals, art museums, and disaster relief.

Philanthropy funds new ideas. It supports programs that might be too risky for government spending. For example, many new teaching methods in schools started with private donations. Philanthropic giving can increase over time through collective action and innovative strategies. “The common thread is to show people who are improving the world in varied ways that benefit others.”

This shows how the role of philanthropy is to act as an engine for positive change. The goals and aims of philanthropic organizations often focus on strengthening communities and creating lasting impact.

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Philanthropic Giving is for Everyone

A big message from Susan A. Gitelson is that “Giving Is Not Just For The Very Rich.” You do not need to be wealthy to make an impact. In her book, she shares that “about 65 percent of households with less than $100,000 gave to charity.”

Working people often give a higher percentage of their income than the very rich.

This is because giving can be simple: you can volunteer at a local food bank or donate old books to a library. If you want, you can just help a neighbor.

Gitelson encourages this kind of grassroots philanthropy, saying in her book, “You can accomplish a great deal as a government official or a nonprofit professional. You can also spearhead programs through your favorite organizations or place of worship or through social media.”

The Many Areas Where Giving Makes a Difference

The role of philanthropy can be seen in almost every part of life. The many aspects of society that we often take for granted or ignore are actually helped immensely by philanthropic assistance.

Take, for example, education, where philanthropic assets are often used to maximize its impact on the student’s wellbeing and support teachers, sustaining innovative teaching and expanded opportunities.

In healthcare and medicine, targeted donations can be used to address specific health challenges and niche illnesses, ensuring that resources reach a broad target.

Museums, music halls, and theaters often rely on charitable assistance; as such, contributions to the arts and culture can have a massive impact on helping these institutions stay afloat.

As for the environment, philanthropic efforts also focus on supporting underserved areas, especially in education, healthcare, and disaster relief.

Gitelson explains that by giving to these areas in particular and more, we are investing in our shared future. This is a vital part of the role of philanthropy. Philanthropy contributes to the public good by improving the quality of life for all. A series of success stories and case studies can illustrate the impact of philanthropy in these areas.

How to Be a Smarter Giver

To make sure your giving has the most significant effect, you need to be thoughtful. Gitelson offers clear advice. It says to research charities before you donate—performing due diligence to ensure your giving is effective.

A good charity should use most of its money for its programs, not for overhead. In contrast, businesses must set a price for their goods or services as part of an exchange to generate profit and sustain their operations. In fact, this highlights a fundamental difference between the two sectors.

Gitelson advises, “Salaries and fundraising costs generally should take up no more than 25 percent.” It also suggests focusing your efforts. Instead of giving a little to many places, it is better to give more to a few charities you care about. Unlike business exchanges, philanthropy is not about receiving goods or services in return, but about making a difference. This helps you see the real impact of your gift.

Being a thoughtful giver makes the role of philanthropy even more powerful.

The Ripple Effect of Giving

When you give, you inspire others to give too. Your actions can start a chain reaction of kindness. Gitelson shares stories of people who started small projects that grew into major movements. Taking risks is essential in philanthropy, as embracing risk can lead to innovative solutions and greater impact in addressing societal issues. This ripple effect is a beautiful part of the role of philanthropy.

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Philanthropy often addresses a lack of resources or support in communities, helping to fill critical gaps.

Altruism is a key motivation behind many philanthropic actions, driving people to help others selflessly and make a positive difference.

As Giving is Not Just for the Very Rich’s foreword states, “We receive something that we cannot buy but can only get by giving.” The joy and connection we feel when we help others are priceless. Sharing your point of view about giving can inspire others to join philanthropic efforts.

The role of philanthropy in our society is to create a cycle of good. It helps those in need, brings joy to givers, and builds stronger communities for everyone. It is a powerful force for good that is available to each of us.

We invite you to share your comments or stories about things philanthropy has accomplished in your community.

To discover more inspiring stories and learn how you can start your own journey of giving, get your copy of Giving is Not Just for the Very Rich by Dr. Susan Aurelia Gitelson.